Internet Fraud

As the internet becomes more and more tightly connected with the real world, the internet fraud / cyber crime are undergoing fundamental changes. The use of our 'Bits and Bytes' of our computers, tablets and smartphones that we are using for our businesses and personal life are increasing tremendously.

Cyberfraudinsurance

The technology and applications are developing constantly and the risk for internet fraud / cyber crime are increasing worldwide tremendously. The moment that you or your business are a victum of this fraud/crime it creates directly big problems. Please contact your Insurance Company and ask for the 'Cyberfraudinsurance' policy.

The danger lurks in the electronic mailbox. Now there are new numbers, which are an explosive
increase of cyber attacks by e-mails with malicious software. According to the current situation
report of the Federal Office for Security in Information Technology (BSI), around 380,000 new
variants of malicious programs were discovered every day. The number of spam messages with
malicious software in the appendix rose by 1270 percent in the first half of 2016 compared to
the previous year. At the same time, traditional classical defenses have lost their effectiveness.
The spam activities had increased by about 73 percent.

Increasing digitization and networking offer attackers nearly every day new areas of attack and
a wide range of possibilities to sabotage information, sabotage business and administrative
processes, or otherwise criminalize others at the expense of others. Malicious software or
programs cause unwanted or harmful actions on computers. According to the report, spams with
such programs were sent mainly from developing and emerging countries such as India, Vietnam
and Mexico.

In the meantime, attackers had powerful and flexible attacking tools and methods. The focus of the
attacks would be on companies as well as critical infrastructures, including water and energy supply.
Administration, research facilities and citizens are also affected.
The enormous increase is mainly due to the proliferation of so-called ransomware, where computers
are blocked or data are encrypted - usually to extort ransom.